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Breaking News: Terraform Labs’ Do Kwon Prepares To Plead Guilty Over $40 Billion Collapse

Ethereum Set To Take The Lead From Solana In December; This ETH-Based Token Could 10x

Bitcoinist
by Bitcoinist
8 months ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum (ETH) is expected to start pushing back against Solana (SOL) in December after months of losing ground. This will result in a knock-on effect for growing ERC20 tokens like Rollblock (RBLK). The additional activity in the Ethereum ecosystem will occur right as this top altcoin’s crypto presale ends, which could send it soaring over 10x higher.

Native Layer 2 Blockchains Promise Solution to Ethereum Scaling 

The Ethereum price has finally recovered from a devastating rout in the middle of 2024. Ethereum is now up 50% for the year after rallying more than 30% from 2024 lows this month.

Ethereum’s sudden rout was caused by the failure of its supporting Layer 2 blockchain scaling solution. These outside Layer 2 blockchains were siphoning an increasing share of revenue from the Ethereum ecosystem. Now, Ethereum is set to bounce back as native Layer 2 blockchains are in development to address this scaling issue.

Solana Rally Slows as Days of Easy Growth Fade

The Solana price was the biggest beneficiary of this issue in 2024 due to its own native scaling solution. Solana is up 150% in 2024 after another blistering 50% rally this month.

The Solana price is now faced with a resurging Ethereum as they battle to create the largest ecosystem. Solana’s technical advantage will be nullified by the development of native Layer 2 blockchains.

Solana’s recent rally has already begun to stall over the last five days as this new reality dawns and it pushes against the technical boundary of the $250 price tag. 

Ethereum Resurgence to Supercharge ERC20 Token Rollblock’s Growth

The resurgence of Ethereum against its challenger Solana means fresh activity in its ecosystem. This increased activity will occur just as Rollblock’s crypto presale ends and its tokens go live on the market, which is expected to supercharge this ERC20 token’s impressive growth estimates.

Rollblock’s platform of 7,000 games already has thousands of players from all over the world, and hundreds more are signing up each day. Increased activity in the ERC20 ecosystem will mean even more player growth, which will mean even more revenue for Rollblock’s innovative profit-sharing system.

Rollblock’s profit-sharing system drives value growth through weekly buybacks using the platform’s own revenue. One portion of these tokens generates income through staking rewards, and the rest generate value through a weekly burn event.

This profit-sharing system combined with Rollblock’s premier gaming platform is expected to rapidly expand its share of the $500 billion gaming industry. RBLK tokens could shoot as much as 10x higher within days of the crypto presale ending.

Data notes that the best time to buy this top altcoin is before the current 50% token bonus event ends on December 1st. Rollblock is also rapidly selling out the eighth stage of its presale, so its current price of $0.036 is set to increase again in December.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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